
Desai Advisers Private Limited
About Desai Advisers Private Limited
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Desai Advisers Private Limited is a private limited company based in Ernakulam, Kerala, India. It operates in the business and IT consulting segment of the business process outsourcing sector. It was incorporated on 06 March 2002 and has been in existence for over 24 years.
The company is registered with the Registrar of Companies (ROC), Ernakulam, under CIN U74140KL2002PTC015289.
The company has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹1 Lakh. It is led by directors Siddharth V Desai and Purnima Virendrakumar Desai.
Its last annual general meeting (AGM) was held on 29 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at 64/2715 (Old No. 36/2342) F3(Part) 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017.
As per the financials filed for FY 2024, the company reported a revenue of ₹7.2 Lakh, a decline of 8% compared to the previous year. For the same year it recorded a net loss of ₹5.08 Lakh (net margin -70.6%) and EBITDA of -₹5.08 Lakh (EBITDA margin -70.6%). Revenue has declined at a compounded annual rate (CAGR) of 7% over three years and 4% over five years.
As per MCA filings, the company has open charges of ₹59.4 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies.
Company details
Contact details
Desai Advisers Private Limited's registered office is in Ernakulam, Kerala. Its e-mail address is in the company report.
- Email
- Registered Address64/2715 (Old No. 36/2342) F3(Part) 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017
- IndustryBusiness Outsourcing, Business & IT Consulting
To see the full contact details of Desai Advisers Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Business activity
The main business activity of Desai Advisers is professional, scientific and technical. In detail, this covers other professional, scientific and technical activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| M | Professional, Scientific and Technical | M9 | Other professional, scientific and technical activities |
To see the full business activity and turnover split of Desai Advisers Private Limited, buy the company report.
Financials of Desai Advisers Private Limited
FY 2025 filings availableDesai Advisers Private Limited reported revenue of ₹7.2 Lakh (down 8% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 4% over five years, including a 8% fall in the latest year. EBITDA fell 250% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹5.08 Lakh | ||||
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| Net Profit (PAT) | -₹5.08 Lakh | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -70.6% | ||||
| Net Profit Margin | -70.6% | ||||
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To see the full financial statements and ratios of Desai Advisers Private Limited, buy the company report.
Board of directors of Desai Advisers Private Limited
Desai Advisers has 2 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Siddharth V Desai Also directs: Desai Brothers Papers Private Limited, Sudarsan Clay and Ceramics Ltd, Sea Wind Realtors India Private Limited and 5 more | Director | 21 Jul 2015 | 11 Years 3 Months | Current |
| Purnima Virendrakumar Desai Also directs: Desai Brothers Papers Private Limited, Sudarsan Clay and Ceramics Ltd, Sea Wind Realtors India Private Limited and 5 more | Director | 31 Mar 2009 | 17 Years 7 Months | Current |
Auditor
Desai Advisers Private Limited is audited by G VENUGOPAL KAMATH & CO for the financial year 2021.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| G VENUGOPAL KAMATH & CO | FY 2021 | 004674S |
Shareholding
The shareholding of Desai Advisers Private Limited is on record for 5 financial years, the latest being FY 2021, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2021 | FY 2020 | FY 2019 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Desai Advisers Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 23 Jun 2025 | 101123688 | Others | ₹15 Cr | Open | |
| 07 Jun 2025 | 101108695 | State Bank of India | ₹12.5 Cr | Open | |
| 07 Mar 2023 | 100710524 | State Bank of India | ₹5.52 Cr | Open | |
| 11 Nov 2022 | 100652242 | Others | ₹6.45 Cr | Open | |
| 11 Nov 2022 | 100670596 | State Bank of India | ₹20 Lakh | Open |
To see the full charge records of Desai Advisers Private Limited, buy the company report.
Total charge records: 8 View all charges
Legal cases
No court or tribunal cases involving Desai Advisers Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Desai Advisers Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
No GST registration is on our record for Desai Advisers Private Limited; the GSTIN and return-filing check is in the company report Buy the company report.
Recent activity
Desai Advisers Private Limited has 5 board changes on record since 2009: 2 appointments and 3 cessations. The latest: Veerendrakumar Ratilal Desai ceased to be Managing Director on 07 Jan 2022.
6 earlier events are in the company report.
Frequently asked questions
Desai Advisers is an active private limited company based in Ernakulam, Kerala, India. The company works in business and IT consulting, within the business outsourcing industry. It was incorporated on 06 March 2002 (24+ years old) and is registered under CIN U74140KL2002PTC015289.
Desai Advisers has 2 current directors:
- Siddharth V Desai - Director
- Purnima Virendrakumar Desai - Director
The latest financial statements of Desai Advisers on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 29 September 2025. Year-wise statements from 2015 are in the company report.
The CIN (Corporate Identification Number) of Desai Advisers is U74140KL2002PTC015289. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Desai Advisers was incorporated on 06 March 2002, making it 24+ years old. It is registered with the Registrar of Companies, Ernakulam.
Veerendrakumar Ratilal Desai ceased to be Managing Director on 07 Jan 2022. Siddharth V Desai ceased to be Additional Director on 30 Jul 2015. Siddharth V Desai was appointed as Director on 21 Jul 2015. Desai Advisers has 5 board changes on record in total.
The registered office of Desai Advisers is at 642715 Old No. 362342 F3Part 2nd Floor Dd Trade Tower Kk Road Kaloor Ernakulam, 682017, Kerala, India – 682017.
Desai Advisers operates in the business outsourcing industry, in the business and IT consulting segment.
Desai Advisers has open charges of ₹59.4 Cr and no satisfied charges on record as per latest MCA filings.
The compliance status of Desai Advisers is compliant as of 01 September 2026. The company is actively filing with the Registrar of Companies.

